QUALITY PAINTS, Lagos - now BREXIT decision known, BUSINESS BACK UP FOR SALE - lock, stock and barrel, so get your bids in!
If you’re looking to keep body and brain active whilst still having ample time to enjoy the Algarvean lifestyle, (current opening hours are Mon to Fri, 10.00 to 16.00 - unlike 24/7 for bar/restaurant type businesses), then this could be for you!
We still enjoy running the business and would very much like to continue, but unfortunately neither of us is getting any younger and the physical aspects are getting a bit beyond us, aaaah!
CLIENTS PLEASE NOTE: THE BUSINESS WILL CONTINUE AS USUAL, (may improve!), NOT LEAST AS THERE WILL BE A HANDOVER PERIOD OF UP TO THREE MONTHS AVAILABLE TO THE NEW BUYER, SO ANY CHANGE WILL BE SEAMLESS.
QUALITY PAINTS was established by us in 1995 and is a fully registered Unipessoal Lda business.
Over the last 21 years we have gained a name synonymous with both quality and service. Having 10+ tons of stock ensures instant availability, so none of this “amanhã” or “next week” attitude.
SKILLS REQUIRED (not a lot!)
Basic computer skills - ie able to operate a keyboard and mouse!
Language = English - 95% of clients are Brits
Basic DIY paint knowledge an advantage - but NOT essential
Ability to drive an advantage - vehicle included in sale
Brit expats are 95% of the customer base, the balance being mainly central European expats.
A top quality range of Exterior and Interior UK paints, (marketed world-wide), purchased directly from the UK manufacturers, including such iconic brands as: ICI Dulux and Sandtex. Both these brands are instantly available in 100% of their full colour ranges. There’s also a selection of Ronseal Woodcare products - and there’s more!
All three brands are unique in Portugal. Their three parent companies, all major multi-nationals, will issue the buyer with a “Distributor Contract Agreement” ensuring continuity of supply on the same terms QUALITY PAINTS has enjoyed for the last 21 years.
So what do you get for your money? - quite a lot actually.
Quality Paints is being sold as a total package, lock, stock and no smoking barrels, including:
- Shop premises, (freehold) including display media and storage racking
- guaranteed stock of £GBP25K - whatever variation there is from £GBP25K on day of sale, then Sale Price increases or decreases pro rata (FX rate to be agreed).
- 2 full sets mixing machines/dispensers/computers - enables mixing 100% of Dulux & Sandtex colours = 6,000+
- oh, and a Mercedes Vito van as well ! - 180K kms; fsh; c/w automatic + cruise control + air con
....and there’s more! - up to three months handover/training should you wish.
Simply step in on “day one” and carry on running a flourishing, well established, truly unique, fully stocked business, offering one-stop shopping for a full range of UK Exterior and Interior paints and painting ancillaries - and selling unique, iconic products such as:
ICI DULUX Trade Weathershield masonry paint, Smooth, Brill. White, 7.5L @ €40.35
SANDTEX Trade X-Treme X-Posure masonry paint, Smooth, in 2,000+ colours, 5L @ €56.10
RONSEAL 5 year Woodstain, for exterior cabins, windows, doors - 8 woodstains 2.5L @ €37.90
All prices INCLUDE IVA at 23% - so no nasty surprises for clients.
- we currently offer a discount structure of 5% for the Public; or 10% for AFPOP members; or 15% for Finanças registered painters & decorators, villa management companies etc
- we also offer a free delivery service every Friday throughout the Algarve - all in all, competes well with UK shed prices!
- our payment terms, (having had a few nasty surprises over the years!), are strictly cheque/cash on collection/delivery.
There’s also potential for further growth, not least as being “non IT tech savvy” (that’s putting it nicely!) we haven’t as yet initiated a website, nor entered the various social media sites.
Selling Price = €195,000 - so what’s NOT to like? - so I say again, get your bids in!
For further information please contact Tim Bebbington on (+351) 919 867 917, or email firstname.lastname@example.org.
NB: the above information provides a comprehensive view on how the business is currently run - so unless your interest is serious, then NO time wasters, please!
Tim & Denise Bebbington, QUALITY PAINTS, Lagos, Algarve, Portugal
T: (+351) 919 867 917
Photo courtesy of portugalresident.com